A $6.5 million fund set up between the UK and Germany in collaboration with the Government of Ethiopia aims to save thousands of jobs in Ethiopia’s textile and garments industry, while helping to support the country’s economic recovery from COVID-19. Ethiopia’s textile and garment industry is a leading provider of jobs in the country’s manufacturing sector. Ethiopia’s Jobs Creation Commission estimates that between 1.4 to 2.5 million jobs could go over the next three months. The fund will protect jobs, enable textile factories to keep running and support factories to build back better. The Government of Ethiopia has coordinated efforts with donors to support businesses coping with the impact of COVID-19.

Source: News Business Ethiopia October 29, 2020 12:11 UTC